Al Gore Invests Millions to Make Billions in Cap-and-Trade Software
From Canada Free Press
Al Gore’s venture capital firm has invested $6 million in a software company that stands to make billions of dollars from cap-and-trade regulation — further fueling controversy that Gore lied about his profiteering from cap-and-trade to Rep. Marsha Blackburn (R-TN) and the House Energy and Environment Subcommittee during testimony in April.
Hara Software sells software to help track greenhouse gas emissions. The market for such software is now about $2.5 billion dollars in size, and is expected to grow by a factor of ten to $25 billion if cap-and-trade legislation is enacted, according to Hara CEO Amit Chatterjee.
Kleiner Perkins, a venture capital firm in which Al Gore is a partner, invested in Hara just last year. Chatterjee told Reuters that,
“This company would not have existed if Al Gore had not bought off on the idea.”
Gore is also under fire for lying to Rep. Steve Scalise (R-LA) at the same congressional hearing about his relationship with Goldman Sachs.
Operating as a stealth tax, cap-and-trade will make the vast majority of Americans poorer and less free — but Al Gore, Kleiner Perkins, Amit Chatterjee and Hara will be laughing all the way to the bank.
Here is the video from April 24, 2009. Is Al Gore lying? I say – yes.
June 5th, 2009 at 5:24 pm
Economic Stimulus. H.R. 5140, the Economic Stimulus Act of 2008, passed 385-35 on January 29, 2008 (Roll Call 25). It would provide about $150 billion in economic stimulus, including $101.1 billion in direct payments of rebate checks (typically $600) to most taxpayers in 2008 and temporary tax breaks for businesses. Creating money out of thin air and then spending the newly created money cannot improve the economy, at least not in the long term. (If it could, why not create even more money for rebates and make every American a millionaire?) The stimulus has no offset and thus increases the federal deficit by the amount of the stimulus because the government must borrow the rebate money. A realistic long-term stimulus can only be achieved by lowering taxes through less government and by reducing regulatory burdens. Marsha Blackburn voted FOR this bill.(Source: The New American – July 21, 2008)
Marsha Blackburn is my Congressman.
She is no conservative.
See her unconstitutional votes at :
http://bluecollarrepublican.com/blog/?p=614
Mickey